This paper clarifies some misinterpretations of three foundational concepts in mainstream economics from Islamic viewpoint. These are scarcity of resources, pursuit of self-interest and maximizing behavior of economic agents. It argues that stocks of resources that God has provided are...

Research on the economic context of Jesus* teaching on wealth and exchange points to the need to take into account the nature and extent of market arrangements in first-century Roman Palestine. This context involves changing relations among reciprocity, redistribution, and market exchange....

This 1997 review in the Times Literary Supplement (London) conjoins two books - the first, by investment banker turned finance historian Peter L. Berstein, is a history of the idea of risk, as it developed from Renaissance times through contemporary finance. The second, by the former editor of...

Montesquieu, Charles-Louis de Secondat (1689-1755) A törvények szelleméről című híres művében néhány fejezetet szentelt a pénz szerepének. E tanulmány rekonstruálni igyekszik Montesquieu nézetrendszerét a pénzről, az árakról, a pénzkínálat és az árak...

From 1759 to 1762, François Quesnay had systematically appealed to an obscure physiocrat, Charles Richard de Butré, when he had to make a numerical estimate or to do a nonelementary computation. In the present article, we use two important unpublished writings by Butré to discuss and assess...

Bu kısa çalışma, Fatih Ermiş’in A History of Ottoman Economic Thought: Developments Before the Nineteenth Century (Routledge, 2013) isimli kitabının METU’den (Kuzey Kıbrıs Kampüsü) Deniz T. Kılınçoğlu tarafından yapılan bir değerlendirmesidir. Osmanlı iktisadi düşüncesi...

In this study, the historical roots of individuality will be examined. According to the view of economic individuality, pursuit of self-interest is the fundamental motivation for all of human beings. When we look into the eighteenth century, the main argument was whether the rise of the...

Antonio Serra wrote in 1613 an outstanding analysis, on the economy of the Reign of Naples, which is still very little known out of Italy; where he is largely recognized as the founder of the "Southern question". This article proposes a larger view of Serra’s pioneering achievements, by...

This paper explores the emergence of a business culture among merchants and entrepreneurs in the Ionian Islands during the period of British rule (1815-1864). New forms of business organisation (the joint-stock company), and novel commercial practices, such as advertising, represent examples of...

The aim of this article is to describe the rise and fall of the workhouse system in connection with the developments that took place in economic thought, in the transition from Mercantilism to pre-classical and classical tradition. By examining the economic arguments emerging from the debate...